Power Distribution Units (PDUs) to Account for 35.74% Global Data Center Busway Market Share

Data center busways are power distribution components with a straight length that are used to transmit power to electronic components in mission-critical facilities, including data centers, manufacturing units, IT facilities, residential structures, and others. Busways are combined with intelligent PDUs, monitoring systems, UPS, and other components in a power distribution system. Busways have advantages over the traditional wire and cable power distribution systems in that cable and wire assemblies are difficult to alter once installed. Busways can be prefabricated or customized to fit the needs of the institution. In busways, copper or aluminum is employed as a conductor. When high power transmission is necessary, busways are typically used because they are more efficient, scalable, and safe than wire and cable systems.

Access Full Report @ https://www.databridgemarketresearch.com/pt/reports/global-data-center-busway-market

Data Bridge Market Research analyses that the data center busway market is expected to grow at a CAGR of 8.6% in the forecast period of 2021 to 2028 and is expected to reach USD 3.486.25 million by 2028. The increasing use of data centers, the adoption of new technologies in data center busway, and the rising demand for compact power distribution solutions for data centers are the primary drivers driving the growth of the data center busway market. Digitalization is accelerating, resulting in cross-border data center busway products and potential for market expansion.  

The rising demand for digitalization in the industrial sectors is expected to drive the market's growth rate during the forecast period

Due to the general internet's enormous reach and efficacy, company expansion has become more accessible, and many multinational giants and small enterprises are digitizing their operations. As a result, the global demand for data centers is at an all-time high. The global development of data centers is aided by the continual growth of technologies such as cloud storage, internet of things (IoT), and government tax incentives. Since data centers are made up of complicated electrical systems, including power modules, local and remote network connections, and cooling systems that are prone to failure and consume a lot of power, the growth of data centers as a result of large-scale digitalization of industries has increased the demand for protective gear to protect these data centers from various threats. The predicted rise in the digitization of various industrial sectors works as a main driver for the global data center busway market, as busways provide protection from damages connected with failures and power fluctuations of equipment used in data centers.

Report Scope and Market Segmentation

Segment Analysis:

The data center busway market is segmented on the basis of product type, type, implementation, data center type, current ampere, and vertical.

• On the basis of product type, the global data center busway market has been segmented into air splicing busway (BMC), intensive insulation plug busway (CMC), high strength enclosed busway (CFW), power distribution units (PDUs) and others. In 2021, power distribution units (PDUs) are expected to dominate the market with the market share of 35.74% as the power distribution are the important hardware for the data center which runs the data center.
• On the basis of type, the global data center busway market has been segmented into 3-phase 4-wire, 3-phase 5-wire and others. In 2021, 3-phase 4-wire segment is expected to dominate the market with the market share of 52.2% as the companies uses this system for power supply to data center which results in less resistance of current and efficiency is high.
• On the basis of implementation, the global data center busway market has been segmented into raised floor and ceiling overhead. In 2021, raised floor segment is expected to dominate the market with the market share of 57.8% due to reusable property of the ceiling overboard which is very convenient and efficient.

In 2021, the raised floor segment of implementation segment is anticipated to dominate the data center busway market

In 2021, the raised floor segment of this market will dominate the data center busway market due to reusable property of the ceiling overboard which is very convenient and efficient. The raised floor segment is expected reach the highest CAGR of 8.9% in the forecast period of 2021-2028.

• On the basis of data center type, the global data center busway market has been segmented into mid-size & enterprise data center and large data center. In 2021, large data center is expected to dominate the market with the market share of 61.67% as the large data center have money and space for the installation of busways for power distribution and hence it is the most dominating segment.

In 2021, the large data center segment is projected to hold the largest share of data center type segment in the data center busway market

In 2021, large data center segment is anticipated to hold the largest share of global data center busway market due to the as the large data center have money and space for the installation of busways for power distribution and hence it is the most dominating segment. The large data center segment is growing with a CAGR of 8.8% in the forecast period of 2021 to 2028.

• On the basis of current ampere, the global data center busway market has been segmented into low and high current ampere. In 2021, low ampere current is expected to dominate the market with the market share of 59.9% as the busway systems are majorly used by mid enterprise data center.
• On the basis of vertical, the global data center busway market has been segmented into banking, financial services and insurance (BFSI), IT & telecom, government and defense, healthcare, retail & ecommerce, research & academia, energy & utilities, manufacturing and others. In 2021, IT & telecom expected to dominate the market with the market share of 29.2% owing to the rapid growth of the IT & Telecom industry as it generates a large amount of data and the organizations are heading towards the digitalization and cloud services which requires data centers where busways are used for power distribution.

Major Players

Data Bridge Market Research recognizes the following companies as the major data center busway market players in data center busway market are EAE Inc. (Turkey), Vass Electrical Industries (Australia), Anord Mardix (Ireland), ABB (Sweden), Dingsheng Group (China), Schneider Electric (France), Eaton (Ireland), Siemens (Germany), Legrand SA (France), Delta Power Solutions (India).   

Market Development

• In January 2019, Eaton announced the availability of their High Density Rack PDU Platform in the North American market. This product comes with busbars that allow you to install more outlets in less area. Eaton improved the power distribution technology in the market and increased market rivalry with this launch.

Regional Analysis

Geographically, the countries covered in the data center busway market report are U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe, China, India, Japan, South Korea, Australia, Singapore, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Rest of Asia-Pacific, South Africa, Egypt, Saudi Arabia, U.A.E, Israel, Rest of Middle East and Africa.

As per Data Bridge Market Research analysis:

North America is the dominant region in data center busway market during the forecast period 2021 - 2028

North America will continue to dominate the data center busway market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period due to the number of companies present and the different product offered for data center by companies are large. U.S. dominates the North America region because of the new technologies in data center busway products and the data center setup is high in the country.

Asia-Pacific is estimated to be the fastest-growing region in data center busway market the forecast period 2021 - 2028

Asia-Pacific region is anticipated to grow at the highest rate during the forecast period of 2021-2028 due to the infrastructure development and the rising use of internet of things (IoT) devices in the region. China is anticipated to hold the largest market share in the Asia-Pacific region due to data center busway manufacturing companies in this region.

COVID-19 Impact Analysis

The global data center sector and the data center busway market have been significantly impacted by the COVID-19 pandemic. Some of the factors driving rising data center demand include the ensuing need for software as a service (SaaS) and a quick shift to a work-from-home lifestyle during the pandemic. Furthermore, as a result of the COVID-19 outbreak, a new corporate environment is likely to emerge, boosting demand for digitization and cloud services, which will have a significant impact on the global data center industry. The rise of the data center market would supplement the development of the global data center busway market in the post-COVID-19 market situation, as the necessity for data center busways would increase to protect the safety and security of data centers.

Furthermore, the COVID-19 health disaster has inflicted devastation on sectors around the world, including food and beverage, retail, automotive, and semiconductors. As a result, major corporations use the internet and data centers to aid their industries and recover losses caused by the spread of other businesses.

For more detailed information about the data center busway market report, click here – https://www.databridgemarketresearch.com/pt/reports/global-data-center-busway-market